primarily due to a 21% decrease in the price of Southern Yellow Pine, which makes up about two-thirds of the company’s lumber purchases. UFP Industries, Inc. (NASDAQ:UFPI) faced a challenging ...

The company experienced mixed results across its segments. There was strong demand for Spruce-Pine-Fir (SPF) lumber and solid performance in the North American Engineered Wood Products segment.

THUNDER BAY – Business – Canada’s lumber industry is bracing for significant challenges as U.S. President-Elect’s threats of new tariffs on imported lumber loom. This potential policy shift has pushed ...

US Single-Family Housing Starts and Permits vs Madison's Lumber Prices Index (CNW Group/Madison's Lumber Reporter) Single-family housing starts, which account for the bulk of homebuilding ...

“During the pine beetle kill, when lumber prices were high, in 2021 and 2022, Canfor and many other companies harvested much of their easily accessible timber, leaving a lot of their vast fibre ...

Prices in most SPF and Hem/Fir items were firm to slightly up, while prices of SYP remained conspicuously soft. In the week ending November 22, 2024, the price of benchmark softwood lumber item ...

Pine, Birch) and organizes it for easier processing or selling. Log Transporting Moves cut logs to a designated area or truck for transportation to the sawmill. Sawmill Automation Automatically feeds ...

Softwood lumber products, like pine, fir and spruce, are mainly used in the construction of single family houses. The US has claimed for decades that Canada is unfairly subsidising its lumber ...